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The great IPO rush set to continue in 2022, with all eyes on LIC

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The great IPO rush set to continue in 2022, with all eyes on LIC

India’s hot primary market, the company raised a record 1.18 trillion rupees in 2021, and it is expected that there will be frenetic activities in the coming year, although it depends largely on the performance of the secondary market.

The channel for IPOs in 2022 is strong. More than 15 companies have submitted a draft Red Herring Prospectus (DRHP) in the main markets in the fourth quarter of 2021, and plan to IPO in the first quarter of 2022. Investors are preparing for a listing. The Indian Life Insurance Company (LIC) plans an IPO in the first half of 2022, which is the largest IPO in the history of the Indian capital market. In 2022, this impact may also affect public offerings.

Ernst & Young’s head of Emerging Markets, Technology Media and Telecommunications (TMT) Prashant Singhal said that low interest rates and listing-day returns are attracting more retail investors and high-net-worth individual investors into the stock market.

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“In addition, we are likely to see some companies driven by the first generation of entrepreneurs, these companies are also supported by large investors. Traditional investment channels continue to remain strong,” Singhal said.

However, in addition to traditional investment, due to the covid-19 environment (through the increase in the opening of new stock brokerage accounts) and families seeking to profit from the bull market, we are seeing increased retail participation in the stock market in the Indian equity capital market. Changes in liquidity and changes in investment methods have made the stock market more attractive. Similar to the global market, investors are willing to invest in companies with attractive business models, good corporate governance and quality management teams,” he added.

Pranav Haldea, managing director of Prime Database Group, pointed out that the next year may see a strong primary market, and pointed out a healthy channel for IPO aspirants.

“Approximately 32 companies have obtained approval from the Securities and Exchange Commission of India (Sebi) and hope to raise 47,000 crore. Another 33 companies have applied for Sebi’s approval and hope to raise a total of 60,000 crore. In addition, the LIC IPO and NSE IPOs are the two most concerned issues in the coming year,” Haldea said.

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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